Leeds is fast becoming a digital hub for the north, with the influx of Tech giants such as Channel 4 alongside the increase of Tech start-ups within the city suggests Leeds is the one to watch.
All things are relative and there was a time when the property tax rules in Great Britain, as they applied to individuals, were relatively straightforward. Since April 2013, each new tax year has brought with it at least one change to those tax rules. By the time we reach April 2020, this part of the British tax system will have changed out of all recognition.
To say it’s been a chaotic few months (or years) at Westminster might be seen as an understatement. Nonetheless we are now just over 40 days away from leaving the European Union with a deal, leaving without a deal or agreeing to yet another extension.
Last week, the Daily Telegraph reported on a leaked shadow Treasury document which revealed Labour proposals to impose VAT on independent school fees and remove their discounted business rates. So what impact would this have on independent schools and their fee-paying parents?
As Labour draws up fresh plans for its manifesto, John McDonnell has confirmed that a focus will be on tackling 'enablers' of tax avoidance 'like the big accountancy firms'. Many will be aware that accountancy firms can be held criminally liable for assisting someone with the evasion of tax but could we see similar provisions introduced for advice deemed to be facilitating tax avoidance?
New figures showing the VAT generated for EU member states as a result of the cross-border trade in telecommunications, broadcasting and electronic services has highlighted the importance for affected UK businesses to switch to the VAT Mini One Stop Shop scheme for non-EU members.
Chris Skidmore gave his first major speech on 12 September 2019 at the Universities UK conference since returning to the role of Universities Minister. His portfolio includes Universities, Science, Research and Innovation and all aspects of this remit came through in the speech given.
A recent think-tank report proposes tax changes which could raise £120bn or more from the richest 10 per cent. At first sight, this stands in complete opposition to Conservative party thinking. Closer reading of the report reveals some ideas which the Chancellor of the Exchequer might like to adopt as his own. After all, George Osborne stole his opponents’ tax ideas so why shouldn’t Sajid Javid?
Unless HMRC responds to calls from the construction industry and RSM, on 1 October the industry faces a perfect storm of VAT issues. The domestic reverse charge for the Construction Industry Scheme will be introduced along with the kick-off of Making Tax Digital for some organisations. The most recent announcement looks set to increase the cost of energy-saving measures.
With a Cabinet Minister refusing to confirm that the Government will abide by the law, and HMRC accused by a Tribunal of abusing its powers in order to deliberately frighten a taxpayer, it’s not been a good month for the rule of law. What would happen if taxpayers similarly chose which tax demands to pay and which to ignore?